I need to identify the characteristics of four different markets and their structures and also provide a case study of an industry within each of these different market structures.

Directions:

Research the characteristics of each of the following market structures: perfectly competitive, monopoly, monopolistic competition, and oligopoly.

Identify and research an industry that fits the characteristics you identified for each of the market structures. While the industry does not have to be a PERFECT match, it must possess the majority of the characteristics you identified.

Include a description of the product/services offered by each industry.

Provide an example of a firm that operates within each industry.

Answers and explanations should be thorough and detailed.